Tagged: bill simon

The Top 10 Business Stories of 2014

by Arkansas Business Staff 12/22/2014 12:00 am

Politics, white-collar crime, banking acquisitions, Turner Grain and more. Arkansas Business recaps the top 10 stories from the year that was 2014.

Bill Simon Stepping Down As Leader of Wal-Mart's U.S. Stores

by Lance Turner 7/24/2014 7:56 am

Wal-Mart Stores Inc. of Bentonville says Bill Simon, president and CEO of its U.S. stores, is leaving the company. The retailer named Greg Foran, 53, as his successor. Simon had been the leader of Wal-Mart's domestic operations since June 2010. Foran takes over on Aug. 9.

Update: Wal-Mart Executives Focus On Small Stores, Online

by Marty Cook 6/6/2014 1:30 pm

Same-store sales continue to drop for Wal-Mart Stores Inc. of Bentonville, but U.S. stores division CEO Bill Simon seemed to shrug off concerns Thursday during question-and-answer session with reporters.

Wal-Mart Faces Big Hurdles As Shareholders Converge in Fayetteville

by Associated Press 6/5/2014 2:33 pm

The world's largest retailer faces new challenges at a time when low prices and one-stop shopping can be a few clicks away on a tablet computer or mobile phone. Wal-Mart's annual shareholders' meeting on Friday could offer clues as to how Doug McMillon, who became Wal-Mart's CEO in February, plans to deal with the biggest issues Wal-Mart faces.

Wal-Mart CEO Doug McMillon Gets $25.6M Pay Package

by Mark Friedman 4/23/2014 4:34 pm

C. Douglas McMillon, who became the president and CEO of Wal-Mart Stores Inc. of Bentonville on Feb. 1, saw his total compensation skyrocket 168 percent to $25.6 million for the fiscal year that ended Jan. 31 as compared with the previous year.

Wal-Mart’s Manufacturing Pledge Met With Hope, Skepticism

by Mark Friedman 2/24/2014 12:00 am

Wal-Mart Stores Inc.’s announcement in January 2013 that it would help resuscitate the U.S. manufacturing industry by buying an additional $50 billion worth of American-made items during the next decade has been met with skepticism and cheers.

Wal-Mart to Launch $10M Innovation Fund for U.S. Manufacturing

by Mark Carter 1/23/2014 10:43 am

The five-year program will launch in March and provide grants to innovators in the manufacturing sector.

Amid Criticism, Wal-Mart Gives Promotions to 25k Employees

by Associated Press 10/29/2013 9:37 am

Wal-Mart Stores, faced with criticism about worker pay, is making public a round of promotions of about 25,000 U.S. store employees to help send a message that it offers economic security and opportunity.

Wal-Mart Supplier Redman & Associates to Open Plant, Hire 74 in Rogers

by Associated Press 10/7/2013 11:04 am

A company that makes battery-operated toys that children can ride on says it will open a manufacturing plant at Rogers and hire 74 workers who will build products exclusively for Wal-Mart.

At Summit, Wal-Mart Pushes 'Made in America'

by Associated Press 8/23/2013 10:58 am

Wal-Mart Stores Inc. spearheaded an effort Thursday to bring together retailers, suppliers and government officials so they can figure out how to bring more manufacturing jobs to the United States.

Having Inked Deal With Wal-Mart, GE Will Add 150 Jobs

by Lance Turner 8/22/2013 2:07 pm

General Electric Corp. announces a new agreement with Wal-Mart Stores Inc. -- part of the retailer's $50 billion domestic manufacturing commitment to bring more American-made products to consumers.

Wal-Mart E-Commerce Growth Won't Include Grocery; Veterans Program Sees 13,000 Applicants In 10 Days

by Chris Bahn 6/6/2013 9:58 pm

Wal-Mart continues to grow its efforts in e-commerce, but the retailer has no current plans to expand its domestic online operations for grocery. Also: Within the first 10 days of Wal-Mart’s initiative to hire veterans, about 13,000 applications were submitted.

Wal-Mart President, CEO Bill Simon to Speak at Harding University

by Arkansas Business Staff 4/23/2013 10:17 am

Bill Simon, president and CEO of Wal-Mart Stores Inc.'s U.S. stores division, will speak Thursday at Harding University in Searcy.

Update: Quick Facts From Wal-Mart's Raymond James Investor Presentation

by Lance Turner 3/6/2013 8:36 am

Some interesting tibits from today's Raymond James Institutional Investors Conference, where Wal-Mart Stores Inc.'s Bill Simon is giving a presentation.